Alexander Acquires Stake in Mozambican Company to Provide Internet, Data and International Telephony.

TORONTO--(BUSINESS WIRE)--April 14, 1999--

Alexander Resources International Inc.(ASE:AWS) is pleased to announce that it has acquire a 49 percent interest in Systemas E Computadores LDA (Syscom) from Gladiator Technology (Proprietary) Limited, a South African IT holding company.

Syscom has been issued with a telecommunications license by the Telecommunications Institute of Mozambique (INCM), the government regulatory body.

This license allows the company to operate as a telecommunications service provider in Mozambique. The two classes of VSAT Licenses have been issued, including microwave of 1.4GHZ and 38 GHZ are as follows:

-- Data telecommunications trunking -- Internet services -- International telephony -- Video conferencing services

Mozambique which covers over 801,590 square kilometres with a population of over 18,000,000 borders the countries of Tanzania, Malawi, Zambia, Zimbabwe, Swaziland and South Africa. The region covers over 125 million people.

Mozambique is a democratic nation with free and peaceful elections in 1994 and a voter turnout of over 80%. The country has one of the highest economic growth rates. The World Bank calculated the 1997 GDP growth rate of 12.4 per cent

In the telecommunications sector Mozambique has just over 60,000 main telephone lines. In 1997 there were 4.5 million international calls totalling 15.5 million minutes. The current supplier of communication services is Telecommunications of Mozambique (TDM) who generates approximately USD 60 million per annum in revenue from the 60,000 main lines. The company will be taking advantage of the cost-effectiveness of Very Small Aperture Terminal or VSAT satellite communications system. The advantages for VSAT are that it gives wide coverage, quick deployment, and is reliable and flexible. VSAT is capable of supporting the Internet, data, video conferencing and voice/fax communications.

Alexander will install a centralised processing centre or HUB in the capital of Mozambique, Maputo which enable the company to provide Internet, data and international telephony to the 125 million people of the region surrounding Mozambique. According to the International Research Council, CANADA only 12 African countries had links to the Internet in 1995 by 1998 52 of the 54 African countries had access. Currently there are 700,000 Africans on the Internet which represent six times the number of users in all developing countries three years ago.

The company considers the Mozambican license a significant step in it's objective to become a leader in the communications sector in Sub-Saharan Africa

FOR AND ON BEHALF OF THE BOARD ------------------ Harry Corrigan Chief Executive Officer

Toll-Free: 1-888-599-7984 Telephone: [phone] [phone]

Toronto, Canada -- Johannesburg, South Africa -- Lusaka, Zambia -- Maputo, Mozambique

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